Driver 1

Oil & Gas Property in Freestone County, TX

Property Summary

Key data points for Driver 1

CountyFreestone County, TX
OperatorVALENCE OPERATING COMPANY
Production DatesJan 1993 - Oct 2024
Total Oil Production4,998 BBLs
Total Gas Production4,828,602 MCF
Recent Oil Production19 BBLs in Sep 2024
Recent Gas Production2,438 MCF in Sep 2024
Wells on Property2

Our Valuation Estimates for Driver 1

ShaleAssessment

Not Available

MarketMultiple

$4,712 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Driver 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Driver 1
from Jan 1993 to Oct 2024

Wells on Driver 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-161-30184DRIVER 1VALENCE OPERATING COMPANYProducingFreestone County, TX31.674419-96.235838
42-161-30796DRIVER #1 2TXO PRODUCTION CORP.Plugged Gas WellFreestone County, TX31.680430-96.235342

Leases included in Driver 1

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
05-076630DRIVER 1VALENCE OPERATING COMPANYFreestone County, TX
05-108003DRIVER #1 2VALENCE OPERATING COMPANYFreestone County, TX
05-145789DRIVER 1VALENCE OPERATING COMPANYFreestone County, TX
05-146009DRIVER #1 2VALENCE OPERATING COMPANYFreestone County, TX

Nearby Properties

These are the closest 20 properties to the Driver 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Booth Gas UnitFreestone County, TX0 BBLs3,107 MCFOct 2024
BoydFreestone County, TX21 BBLs15,026 MCFOct 2024
Boyd-Pickett Gas UnitFreestone County, TX2 BBLs19,926 MCFOct 2024
Chancellor Unit No. 1Freestone County, TX16 BBLs3,359 MCFOct 2024
Dowell Gas UnitFreestone County, TX0 BBLs2,537 MCFOct 2024
Dunlap Gas UnitFreestone County, TX5 BBLs43,841 MCFOct 2024
Hale UnitFreestone County, TX0 BBLs1,829 MCFOct 2024
Henderson-LottFreestone County, TX1 BBLs16,256 MCFOct 2024
Hullum Heirs Gas UnitFreestone County, TX0 BBLs2,116 MCFOct 2024
King ZenoFreestone County, TX0 BBLs2,377 MCFOct 2024
Middleton RFreestone County, TX2 BBLs3,004 MCFOct 2024
Mitchell J. WFreestone County, TX0 BBLs7,875 MCFOct 2024
Northen Gas UnitFreestone County, TX10 BBLs17,262 MCFOct 2024
Pickett #1 Gas UnitFreestone County, TX4 BBLs12,204 MCFOct 2024
Reed Gas Unit No. 4Freestone County, TX0 BBLs1,380 MCFOct 2024
Reed Gu #4Freestone County, TX1 BBLs5,518 MCFOct 2024
Ruby Middleton GFreestone County, TX1 BBLs4,507 MCFOct 2024
Sneed Gas UnitFreestone County, TX0 BBLs0 MCFSep 2009
WettermarkFreestone County, TX3 BBLs10,509 MCFOct 2024
Zeno King Gas UnitFreestone County, TX0 BBLs10,042 MCFOct 2024

Owners of Driver 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024VALENCE OPERATING CO (MIN)DRIVERVALENCE
2024BEAIRD RESOURCES INCDRIVERVALENCE
2024TEXAS CANEY CREEK RANCH LLCDRIVERVALENCE
2024UNION OIL CO OF CALIFORNIADRIVERVALENCE
2024SWINBURN O EDRIVERVALENCE
2024SWINBURN OLIVER E & SHIRLEY ADRIVERVALENCE
2024DRIVER FARMS IRREVOCABLE TRUSTDRIVERVALENCE
2024STUVER JOHN JEFFREYDRIVERVALENCE
Displaying 8 of 57 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Driver 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
05-145789DRIVER 1Sep 2024PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Apr 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Apr 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Mar 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Mar 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Feb 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Feb 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Jan 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Jan 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Dec 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Dec 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Nov 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Nov 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Oct 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Oct 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Sep 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Sep 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Aug 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Aug 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Jul 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Jul 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Jun 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Jun 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1May 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1May 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY